Philippines Business News

DOE sees major pump price rollback next week

The energy department teases for big time rollback next week.

Philippine economy slows to 2.3% in Q2 2026, weakest since 2009

(1st UPDATE) Public construction plunges as officials remain hesitant following the flood control scandal, and household spending posts its weakest non-pandemic growth in nearly 16 years

Why the rebalancing of the MSCI Standard Philippine Index matters

When the MSCI adds, removes, or reweights a stock, passive fund managers have no choice but to purchase newly added stocks and dump deleted stocks

U.S. jobs report ahead; Houthi attack on Saudi Arabia - what’s moving markets

Ticketplus Announces Pricing of Initial Public Offering

SANTIAGO, Chile and NEW YORK, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Ticketplus Ltd. ("Ticketplus” or the "Company”), a technology company that operates a proprietary, full-stack technology platform powering live entertainment across Latin America, today announced the pricing of its initial public offering of 1,875,000 ordinary shares at a price of $8.00 per share for a total of $15 million of gross proceeds to the Company, before deducting underwriting discounts, commissions and other offering expen

Calfrac Reports Second Quarter 2026 Results

CALGARY, Alberta, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. ("Calfrac” or "the Company”) (TSX: CFW) announces its financial and operating results for the three and six months ended June 30, 2026. The following press release should be read in conjunction with the management’s discussion and analysis and interim consolidated financial statements and notes thereto as at June 30, 2026. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated.

ISSA VEO Conference Heads to Dallas During National Hispanic Heritage Month to Empower the Next Generation of Industry Leaders

Second annual event at Renaissance Dallas Hotel will connect, empower, and elevate Hispanic professionals across the cleaning and facility solutions industries through bilingual education, leadership development, networking, and Visionario Gala ROSEMONT, Ill., Aug. 06, 2026 (GLOBE NEWSWIRE) -- ISSA, The Association for Cleaning and Facility Solutions, today announced that registration is open for the 2026 ISSA VEO Conference (Visión. Empeño. Oportunidad.), returning September 28-29, 2026, in Dal

Boralex Receives all Regulatory Approvals for Arrangement with Brookfield and La Caisse

MONTRÉAL, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) announced today that it has received all regulatory approvals required in connection with the closing of the previously-announced plan of arrangement under the Canada Business Corporations Act (the "Arrangement") involving the Corporation and Brookfield, together with its institutional partners including Brookfield Renewable Partners, and La Caisse (formerly CDPQ). The Corporation expects that, s

TEAM, INC. Schedules Second Quarter 2026 Earnings Release and Conference Call

SUGAR LAND, Texas, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Team, Inc. (NYSE: TISI) ("TEAM” or the "Company”), a global, leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary inspection, heat-treating, and mechanical services, today announced that it will issue its second quarter 2026 earnings release on Monday, August 10, 2026, after the close of trading on the New York Stock Exchange. TEAM will host a conference call

Tap, tap, who’s next? Big banks coming to Apple Pay by Q4.

'By the end of this year, you will have most of the other banks in the Philippines that will go live,' Mastercard Philippines country manager Jason Crasto tells Rappler in an exclusive interview

Imperial Reports Second Quarter 2026 Financial Results

VANCOUVER, British Columbia, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the "Company” or "Imperial”) (TSX:III) reports financial results for the three and six months ended June 30, 2026. Imperial’s consolidated production for the second quarter of 2026 totalled 8,759,242 pounds copper and 11,226 ounces gold. "We completed a very strategic quarter for Imperial as both mines, Mount Polley and Red Chris, received key authorizations that extend their permitted mine life. At Mount

Clark, Wilson on USA squad for Women's Basketball World Cup

Three-point sharpshooter Caitlin Clark and Women's NBA scoring leader A'ja Wilson were among 12 women named on Wednesday to the United States team for next month's Women's Basketball World Cup. American women, who have captured eight consecutive Olympic gold medals without losing a game, will seek their fifth consecutive World Cup crown in Berlin from September 4-13, having taken the past four without dropping a game. The US roster includes WNBA star guard Clark and her Indiana Fever teammate Al

UK clears Paramount's takeover of Warner Bros

LONDON — Britain on Thursday gave the green light to Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, as the entertainment and media mega-deal still faces a key hurdle in the United States. The UK government and the antitrust watchdog both cleared the deal after initially raising concerns over media plurality and competition, respectively. The Competition and Markets Authority (CMA) found that the takeover would not weaken competition in film distribution, children's T

Solidion Technology Achieves Dramatic Balance Sheet Improvement, Increased Revenues

Private Placement Eliminates Balance Sheet Overhang and Alleviates Previously Disclosed Going Concern Doubt DALLAS, Aug. 7, 2026 /PRNewswire/ -- Solidion Technology Inc. ("Solidion" or the "Company") (Nasdaq: STI), an advanced battery technology solutions provider, today has released Second Quarter 2026 Financial and Operating Results. The condensed consolidated financial statements of Solidion and additional information can be found in Solidion's Form 10-Q, filed with the Securities and Exchang

Carrington College Sacramento to Host Nursing Open House on Aug. 12

Event will spotlight Vocational Nursing and Nursing Bridge programs Carrington College Vocational Nursing SACRAMENTO, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Carrington College will host a Nursing Open House at its Sacramento campus on Wednesday, Aug. 12, 2026, from 4 to 6 p.m., located at 8909 Folsom Blvd., Sacramento, CA 95826. The event will provide prospective students and community members the chance to learn more about the college's Vocational Nursing and LVN to ADN program. Attendees wi

Bercor Pay launches with one intelligent payment experience

New consumer card from the Bercor Group delivers global Visa acceptance, Apple Pay and Google Pay support, and transparent fees. HONG KONG, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Bercor, the global financial technology group, has launched Bercor Pay, a USD Visa card designed as one intelligent payment experience for people whose lives, work, and money already cross borders. Launched on 29 July 2026, Bercor Pay is accepted at millions of Visa merchants worldwide, supports Apple Pay and Google Pay, and

Tango Therapeutics Announces Executive Chair Transition

BOSTON, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Tango Therapeutics, Inc. (NASDAQ: TNGX), a clinical-stage biotechnology company committed to discovering and delivering the next generation of precision cancer medicines, today announced that Dr. Barbara Weber, the Executive Chairman of the Board of Directors of Tango Therapeutics, will be stepping down in connection with other pursuits. "I am proud with what we have achieved at Tango and am confident that the Company is extremely well positioned to buil

Biogen Completes Acquisition of RayThera Inc.

Lead program now in Phase 1 development CAMBRIDGE, Mass., Aug. 06, 2026 (GLOBE NEWSWIRE) -- Biogen Inc. (Nasdaq: BIIB) today announced the completion of the acquisition of RayThera Inc., a privately held biotechnology company focused on discovering and developing small-molecule therapies in immunology. The acquisition strengthens Biogen’s growing immunology portfolio, adding multiple assets that have potential to treat immune-mediated conditions across a range of indications. The lead program en

LTO revokes, suspends, fines motorcycle, car dealers over violations

MANILA, Philippines — As part of its intensified campaign against violations in the initial registration process of new vehicles, the Land Transportation Office (LTO) revealed on Friday that it has fined, suspended and revoked erring accredited motorcycle and car dealers found non-compliant with the prescribed initial registration procedures. The action followed the hearings conducted on the Show Cause Orders (SCOs) previously issued by the agency against them who are facing complaints rel

Seaspan Becomes First International Ship Owner and Operator to Access China's Panda Bond Market

SINGAPORE, Aug. 7, 2026 /PRNewswire/ -- Seaspan Corporation Pte. Ltd. ("Seaspan"), a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in China's domestic bond market. The three-year private placement note was issued on July 15, 2026, with a coupon rate of 2.50% per annum. The offering was oversubscribed by Chinese onshore and international investors with a book coverage ratio of 2.3 times. The transaction is a s

Early Warning Report Filed by Matachewan Consolidated Mines, Limited

TORONTO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Matachewan Consolidated Mines, Limited (TSXV: MCM-A) ("Matachewan”), an Ontario corporation, triggered certain reporting thresholds in McChip Resources Inc. (the "Issuer”) that require the filing of an early warning report under National Instrument 62- 103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. On August 6, 2026, Matachewan acquired 1,149,300 common shares of the Issuer (the "CommonShares”) in a private transa

AGF Reports July 2026 Assets Under Management and Fee-Earning Assets

TORONTO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- AGF Management Limited reported total assets under management (AUM) and fee-earning assets of $75.1 billion as at July 31, 2026. AUM ($ billions) July 31, 2026 June 30, 2026 % Change Month- Over-Month July 31, 2025 % Change Year-Over- Year Total Mutual Fund$37.3 $39.0 $32.7 Exchange-traded funds + Separately managed accounts$5.8 $5.3 $3.2 Segregated accounts and Sub-advisory$6.4 $6.7 $6.7 AGF Private Wealth$9.8 $9.9 $8.8 Subtotal (before AGF Capital Par

Maxim Power Corp. Announces 2026 Second Quarter Financial and Operating Results

CALGARY, Alberta, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Maxim Power Corp. ("MAXIM" or the "Corporation") (TSX: MXG) announced today the release of financial and operating results for the second quarter ended June 30, 2026. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis ("MD&A”) will be available on SEDAR+ and on MAXIM's website on August 6, 2026. All figures reported herein are Canadian dollars unless otherwise stated. F

Grupo Aeroportuario Del Pacifico Announces Changes to Its Management Team

GUADALAJARA, Mexico, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) ("the Company” or "GAP”) announces that Alejandra Soto will step down from her position as Investor Relations and Social Responsibility Officer, effective August 7, 2026. GAP thanks Alejandra for her commitment, professionalism and significant contributions throughout her more than 18-year career with the Company and wishes her every success in her future endeavors. As a